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Bakken
Sept 17, 2010 14:38:33 GMT
Post by trbixler on Sept 17, 2010 14:38:33 GMT
"What the Adminstration and Environmentalists Don’t Want YOU to Know" "The Bakken is the largest domestic oil discovery since Alaska’s Prudhoe Bay, and has the potential to eliminate all American dependence on foreign oil. The Energy Information Administration (EIA) estimates it at 503 billion barrels. Even if just 10% of the oil is recoverable… at $107 a barrel, we’re looking at a resource base worth more than $5.3 trillion. " icecap.us/index.php/go/joes-blog/what_the_adminstration_and_environmentalists_dont_want_you_to_know/
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Bakken
Sept 17, 2010 14:40:17 GMT
Post by hunterson on Sept 17, 2010 14:40:17 GMT
In the age of CO2, resources like this are not acceptable. Think of someone starving to death in a cannery warehouse full of good food because their taboo is against canned food.
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Bakken
Sept 17, 2010 14:45:45 GMT
Post by nautonnier on Sept 17, 2010 14:45:45 GMT
In the age of CO2, resources like this are not acceptable. Think of someone starving to death in a cannery warehouse full of good food because their taboo is against canned food. A more correct analogy would be to think of a a few thousand people starving to death in a cannery warehouse because 5 or 6 people who feel canned food is not really healthy have decided to lock up the can openers.
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Bakken
Sept 18, 2010 2:15:55 GMT
Post by sigurdur on Sept 18, 2010 2:15:55 GMT
With current teck, more than 10% is being recovered. The surprising thing in the Bakken is that old wells that had become virtually dry, are now once again being pumped. Some at rates that are higher than the initial rates were. Most of the drilling is horiontal, and requires fracturing. Now the EPA wants to studies and impliment new rules on fracturing. North Dakota is not looking kindly on this idea. We are quit willing and able to police ourselves WITHOUT the help of the EPA.
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Bakken
Sept 18, 2010 12:33:13 GMT
Post by steve on Sept 18, 2010 12:33:13 GMT
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Bakken
Sept 18, 2010 14:48:44 GMT
Post by hunterson on Sept 18, 2010 14:48:44 GMT
In the age of CO2, resources like this are not acceptable. Think of someone starving to death in a cannery warehouse full of good food because their taboo is against canned food. A more correct analogy would be to think of a a few thousand people starving to death in a cannery warehouse because 5 or 6 people who feel canned food is not really healthy have decided to lock up the can openers. Excellent. And those same people are profiting from distributing their inferior expensive food even as they starve the rest of us.
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ecil
New Member
Posts: 3
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Bakken
Sept 18, 2010 16:02:51 GMT
Post by ecil on Sept 18, 2010 16:02:51 GMT
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ecil
New Member
Posts: 3
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Bakken
Sept 18, 2010 16:06:29 GMT
Post by ecil on Sept 18, 2010 16:06:29 GMT
saddly the link is valid but you have to cut and paste it to work. Appeartly this site doesn't handle such long urls.
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Bakken
Sept 18, 2010 17:04:11 GMT
Post by fredfriendly on Sept 18, 2010 17:04:11 GMT
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Bakken
Sept 18, 2010 17:07:24 GMT
Post by fredfriendly on Sept 18, 2010 17:07:24 GMT
Oh, and FYI, alot of the tar sands oil will be refined in the United States as this administration just completed approval of a pipeline project bringing the oil to the midwest for refining. www.transcanada.com/keystone.html...and 2/3 of the world oil reserves are in sands, and those are not in the Middle East. en.wikipedia.org/wiki/Oil_sands
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ecil
New Member
Posts: 3
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Bakken
Oct 15, 2010 21:10:51 GMT
Post by ecil on Oct 15, 2010 21:10:51 GMT
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Bakken
Oct 16, 2010 0:39:05 GMT
Post by flyingmonkey on Oct 16, 2010 0:39:05 GMT
Buy Saskatchewan Real estate. Saskatchewan has the worlds largest high grade uranium deposits in the north, is the world largest producer and source of potash ( for fertilizer ) in the middle , and now has the Bakken oil field in the south. The oil companies just love the C02 scare now, though, having switched sides upon discovering that tax payers will fund enhanced oil recovery -like this portion of the Bakken near Weyburn Sask . "Cenovus Energy’s carbon injection enhanced oil recovery operation" www.cenovus.com/operations/technology/co2-enhanced-oil-recovery.htmlOr across the border in Alberta, 2 billion dollars going to the nice oil companies to get rid of that nasty C02 . www.energy.alberta.ca/Initiatives/1438.aspa nice, free , depleted well production boost.
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Bakken
Oct 16, 2010 1:29:43 GMT
Post by sigurdur on Oct 16, 2010 1:29:43 GMT
Yep......those old mean oil co's are SO against cap and trade....uh huhhhhhhhh.
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Bakken
Oct 16, 2010 5:43:12 GMT
Post by poitsplace on Oct 16, 2010 5:43:12 GMT
An interesting side note...If many of the dry Bakken field wells are now producing again, there's likely been some redistribution within other formations throughout the world. While many of them are likely to be weak producers...its still oil and the hole is already there. We just need to suck out the oil that's moved around.
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ZL4DH
Level 3 Rank
Posts: 128
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Bakken
Oct 16, 2010 8:49:32 GMT
Post by ZL4DH on Oct 16, 2010 8:49:32 GMT
Or maybe the Russians were right and oil is not a fossil fuel but a renewable resource as posted elsewhere, could be interesting to try out a few old oil wells.
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